SVB Hearing Takeaways: Bank Failures Spur a Blame Game, But Few Solutions

SVB Hearing Takeaways: Bank Failures Spur a Blame Game, But Few Solutions

Senators sharply questioned federal regulators about shortcomings in oversight after two bank failures rattled the financial system. Regulators put the blame on the banks’ management.
UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale

UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale

Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.